Thursday, June 28, 2007

Statement of Cash Flow

One of the most valuable reports in any business is the statement of cash flow. Many business owners say "my Profit and Loss statement says I made $20,000 but I have no cash in the bank, where did the money go?". The statement of cash flow shows you where your money went for a reported period of time. This is a standard report in QuickBooks. Analyzing reports allows you to manage for success. Learn more about reading and analyzing reports at www.successif.biz.

Saturday, June 23, 2007

Spell Check

Turn on Spell Check in QuickBooks to save time proof reading documents and prevent errors in typing or spelling. Go to Edit/Preferences/Spelling /My Preferences, and check the box for Always check spelling before printing, saving, or sending supported forms.

Credit Card Transactions

Are you NOT using the credit card feature because you don’t want to enter all those vendors into your vendor list for each credit card charge? Use generic vendor names like “restaurant” “fuel” or “hotel”. The QuickBooks credit card feature is awesome and rivaled by more expensive software. Stop entering from the credit card statement, start entering from the charge slips. Get control of your finances, it’s a great tool. To learn more about this feature, take a one hour class at www.successif.biz

Deleting and Inserting Lines

Did you know that while in a transaction, pressing the Ctrl key + the Insert key at the same time will insert a row? To delete a row, press Ctrl key + the Delete key at the same time.